ASML Holding N.V. (ASML) vs Lam Research Corporation (LRCX)
ASML Holding N.V. and Lam Research Corporation are both Semiconductor Equipment & Materials companies. ASML Holding N.V. is the larger, with a market value of $673.5B against $390.4B — 1.7× the size. ASML Holding N.V. trades at the lower P/E: 54.2× against 54.4×. Lam Research Corporation grew revenue faster over the last twelve months: 26.0% against 17.6%. Lam Research Corporation has the higher net margin (31.3% vs 30.1%) and the lower return on invested capital (48.2% vs 48.3%). Both pay a dividend; Lam Research Corporation yields more (0.90% vs 0.80%). Across the 22 metrics below, ASML Holding N.V. leads on 15 and Lam Research Corporation on 7.
Valuation
Profitability
| Metric | ASML | LRCX | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 52.76% | 50.47% | 43.95% |
| Operating margin | 35.44% | 35.29% | 10.32% |
| Net margin | 30.14% | 31.27% | 7.45% |
| Free cash flow margin | 27.08% | 21.05% | 6.77% |
| Return on equity | 0.00% | 65.07% | 4.78% |
| Return on assets | 22.71% | 32.38% | 3.62% |
| Return on invested capital | 48.33% | 48.23% | 6.10% |
Growth
Health
Dividend
Size
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